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Finance
Future Group shares plummet after Reliance calls off $3.4 bn deal
Shares of Future Group companies have fallen sharply, some as much as 20%, after oil-to-telecom conglomerate Reliance called off its ......
TMT
Amazon buys Accel-backed social commerce startup GlowRoad
E-commerce giant Amazon has acquired social commerce platform GlowRoad, which is backed by venture capital firms such as Accel and ......
Consumer
Future Group's lenders reject Reliance offer over valuation
A clutch of lenders accounting for most of the loans to debt-laden Future Group on Thursday rejected a proposal to ......
Consumer
India's Future says will act to reverse store takeovers by Reliance
India's Future Retail said on Wednesday it was committed to taking back its stores which were seized by rival Reliance, ......
Consumer
Amazon slams Reliance takeover of Future stores as 'fraud' in India newspaper ads
Amazon.com Inc has gone on the attack in its bitter dispute with two Indian retailers, accusing them of fraud in ......
Consumer
Amazon may join Future-RIL in a JV
The bitter legal battle between Amazon.com and Future Group may take an unexpected twist, if the two parties can reach ......
TMT
E-commerce accelerator Assiduus eyes $50 mn fundraising at $300 mn valuation
Assiduus Global, an AI-powered cross-border and cross-marketplace e-commerce accelerator, is in talks with several global funds to raise capital at ......
TMT
Amazon India's festival season sales top record $100,000 in 2021
Amazon India clocked its highest-ever festival season sales in 2021 with almost 30,000 sellers and brand partners selling merchandise worth over $100,000 in ......
Consumer
Delivery race among Indian grocery startups brings road safety risks
Indian grocery startups are luring tech-savvy customers with the promise of deliveries within 10 minutes, sparking a boom in "quick ......
Finance
EXPLAINER-How Amazon's battle with Reliance for India retail supremacy became a legal jungle
For more than a year, Amazon.com Inc and India's Future Group have been locked in a complex legal stand-off that ......
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